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High street retailers closing stores in October from Poundland to Sports Direct
Retailers plan to close over 100 stores in October 2025 to reduce costs amid ongoing challenges on UK high streets, risking thousands of jobs, industry reports say.
- Several high street retailers, including Poundland, Sports Direct, Trespass, and The Original Factory Shop, are closing stores across the UK in October 2025.
- Following its acquisition by Gordon Brothers, Poundland announced in June 2025 plans to close 68 of its UK outlets along with two warehouse facilities as part of its restructuring efforts amid financial difficulties.
- Key closures include five Poundland stores on specific October dates, Trespass and The Original Factory Shop branches shutting on October 31 and in Inverness respectively, plus Sports Direct's Rhyl store closure.
- Barry Williams, managing director of Poundland, emphasized their commitment to creating a more streamlined and concentrated business that continues to offer exceptional value, even as the company faces potential job losses affecting around 1,300 employees due to planned closures.
- These closures signal continued pressure on UK high street retail, with further store shutdowns expected this year amid ongoing sector restructuring and job uncertainties.
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